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Chinese NGO aims to tackle poverty in Burma through microloans
A Chinese NGO is set to implement micro-finance programs across Burma in a bid to tackle rural poverty.
Serge Pun and partner to develop hotel at former railway HQ
Yoma Strategic Holdings Ltd (YSH) and Hongkong and Shanghai Hotels Ltd (HSH) announced on Monday that they will partner on the development of the Peninsula Yangon [Rangoon], a five-star resort that will incorporate the 1880s structure into a more modern type of travel hub.
IFC supports privatisation of Rangoon power supply
The IFC will buy a stake in Rangoon's state run power supplier the Yangon Electricity Supply Board in order to transform the ailing office into a “commercially viable corporate entity”.
Risky business – Burma improving but still ranked low, say analysts
Burma is singled out as the most improved country in terms of business viability, with strides taken by Thein Sein to address corruption, rule of rule, property rights and corporate governance. Nonetheless, it remains ranked alongside failed states such as Somalia and Congo.
FDI and Burma’s future development
As Burma prepares to install its new investment law, the country's leader's will be faced with tough decisions in order to make sure that FDI is utilised properly and not allowed to harm the economy